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Another reason behind the stagnation of bank IPOs is that bank stocks are currently undervalued, experts said.

Another report of property consultancy firm CBRE in September showed office submarkets contributed 54 percent to overall net absorption in Beijing from 2016 to 2018 annually on average. The figure was 31 percent from 2013 to 2015.

Ant Financial Services Group, the online finance firm backed by billionaire Jack Ma, will extend its online consumer credit service to four million retail businesses across the country to boost sales and encourage spending－as China's consumers increasingly feel more comfortable shopping with borrowed money.

Animals located on the popular metropolitan tourist site, Penguin Island in Western Australia, were found to be infected with the bacteria in concerning numbers.

Another local education professional organization－the Hong Kong Federation of Education Workers, released a joint statement signed by eight local educational groups and 11 individual heavyweights in the sector. They expressed their sadness witnessing the recent strife at the universities and vowed to stand firm on what is right in teaching Hong Kong's next generation.